2013-03-13
2013-03-21
x brown

STATION
KQED (PBS) 8
KRON (MyNetworkTV) 8
MSNBCW 8
KRCB (PBS) 7
SFGTV 6
KTVU (FOX) 4
KNTV (NBC) 3
KPIX (CBS) 3
CSPAN2 2
CNNW 1
CSPAN 1
KGO (ABC) 1
LANGUAGE
English 54

Set Clip Length:


anything of the sort. bowles-simpson >> balsams and called for tax reform. this budget does nothing of that sort. i cannot see how people simpson is among the reasons why he supports it. >> thank you. there is a similarity in there was a cause for a spending reduction in our tax code, the credits and bypassing collection. senator sanders was referring to the cayman islands earlier. i believe senator levin has talked about $70 billion in net revenue, companies that do not pay a cent in taxes. that type of spending through credits and deductions has grown phenomenally. the powerful in our country, the want their projects to be funded through the tax code, because unlike a preparations, it is not examined every year. that is a very clever strategy and puts them in a very different class and working people who are benefited by programs that are funded every year. it is unacceptable if you come to the core concept of fairness. the actual language in the reconciliation instruction refers to the level of revenues. the explanatory instructions in the back, page 61, talks specifically about

of dollars of emergency crash and creditors impose onetime tax of 3% on all bank deposits under $130,000. >> going deep here. >> the tax could be closer to 10% on people who have over $640,000 in the bank. that's according to the "the wall street journal" this morning. people stood in long lines over the weekend to withdraw money before the policy went into effect and now russian president vladimir putin is calling the move, quote, unfair, unprofessional and dangerous. russian citizens make up the majority of billions of euros held in cypress bank. this is important. >> cypress. >> who cares about cyprus? >> come on, cyprus. are you telling me if somebody sneezes in cyprus we get a cold than on the nasdaq? >> tell us why. >> we have a cold on the nasdaq. the nasdaq is going down today. not too many people care about cyprus but a way the europeans have screwed up the bailout by getting the people to pay a part of the cost. you could have a run on the bank and europeans say why do i have my money in this bank? might be a tax on me next. it shows that europe is still a mess, that they h

if they are unwilling to come up with or agree to anything related to closing some tax loopholes and i would think that 98% of americans realize and understand that we have protected spots in our tax code for rich folk who have airplanes and yachts and it's just mind boggling that people can't say, yeah, we can close those loopholes. we don't want those people taking advantage of the tax code so they can keep millions of their dollars when poor people are paying a disproportionate amount. so david throw said things don't change, we do. there's going to have to be some changes going on with individuals and their philosophies if we're going to bring this nation around to propelling this growth or we're going to fall down again because they are not going to move. >> when you look at the fact that speaker boehner wrote and this is an op-ed that says, obama's outreach is nice but where's the leadership? if we're going to find bipartisan solutions, the president will have to move beyond the same proposals as democrat democratic dogma. aren't they saying, there can be an agreement as long as everybody ag

approved a measure that exempts several tax measures for the n-f-l. kron 4's j.r. stone talked with santa clara's mayor who says this is a win win deal for everyone. while some still question this move?.mayor jamie matthews told me tuesday evening that the city will as part of the agreement that was unanimously approved?.hotel tax?s for 350 of those with the nfl will be waived. two tax surcharges that would go to funding the new stadium are also waived among other things. the mayor says money will be made back from filling hotels and also private donors. some that i talked with this evening are still not happy with the city?s decision. santa clara is competing with miami for the 2016 super bowl. miami however chose not to give in to these requests made by the nfl. mayor matthews believes this move puts santa clara in a prime position to get the big game. while there was lots of super bowl talk tonight keep in mind the nfl won?t make their decision on a location until late may. reporting in santa clara j.r. stone kron 4 news. now to a developing story in san jose. police are looking for a

taxes approved in january. but 1.8 trillion would come from repealing the president's signature health care law. in addition the plan convers medicaid to a block grant to the states and reduces its federal funding share. ryan also proposed, as he has in the past, transforming medicare by giving seniors a fixed amount to purchase traditional program coverage or a private plan. last year's republican vice presidential nominee acknowledged that the plan won't get past senate democrats or president obama. instead, he said, it's an opening bid. >> will the president take everyone of these solutions? probably not. are a lot of these solutions very popular and did we win these arguments in the campaign? some of think so. and so what we're saying is here's our offer. here's our vision. eiras how we propose to balance the budget and grow the economy, repair the safety net, save medicare. >> reporter: be democrats quickly charged that ryan's math, especially on taxes, does not add up. he would eliminate most deductions and lower tax rates. white house spokesman jay carney said ryan asks nothing

important public service jobs at the local level back to work. and then we have the make work pay tax credit which help small employers hire people if they hire folks who are out of work, and i think those things together with the number of other investments help us put 7 million people back to work in in 2014. >> i think it's ironic that the congressional budget is more conservative than the conservative one. it has little chance of ever being enacting. what are you gaining by putting it out there? >> we're fostering a progressive position for americans. we're helping americans see what it could be like if we put a budget together that included their preferences. now in terms of the odds of a budget being passed i doubt very seriously if paul ryan's budget is going to be the one that ends up being enact into law because the nat is not going to pass it. so we think our chances are pretty good. but let me tell you something the fact is that we're standing on our values. we're offering the american people, and we're going to organize around this budget. who are we to say that it won't? paul r

.d.p. which is what they're now perhaps going to get. by taxing depositors, they actually have the ability to also tax nonresidents, as we saw in your clip just now. there's a lot of british there but there are even more russian depositors so in that sense you actually end up having the ability to bring in tax revenue from non-cyprusians. that's a big advantage for the government of cyprus because this is money that otherwise they would have had to raise by cutting pensions or other types of austerity measures. >> woodruff: the russians and others stand to be hurt pretty badly by this. >> basically that's part of the strategy or the intent of both the euro area, the i.m.f. and the cyprusian government. >> woodruff: but the signal that sends, i mean, what's the message it sends to the rest of europe? i mean, how worried should they be that what's going on in cyprus and we don't know how this is going to play out because the banks are closed for the next few days. how worried should the rest of the banks in europe be? >> i don't think there's an immediate risk of sort of contagious bank run

union leaders called for a tax on savings accounts, prompting a drop in global stocks. >. it's outright theft. >> woodruff: jeffrey brown kicks off a week of stories about the middle east, starting with israel's new governing coalition sworn into office today. >> ifill: paul solman reports on older workers in academic institutions, professors in the classroom long past age 65. >> am i keeping track of jobs? yes. that's okay. as long as i'm a good teacher, that's what's important. >> woodruff: and we examine the republican national committee's call for a new direction for the g.o.p., a road map hoping for a rebound in 2016 and beyond. >> ifill: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation

gas. the parliament of cyprus voted to reject a bill that would tax bank deposits in order to qualify for an international bailout package. to receive $13 billion from the e.u. and the international monetary fund, cyprus has to raise $7.5 billion on its own. but taxing people's bank accounts proved unpopular, even when the provision was added to shield small savers. banks across cyprus will remain closed until thursday to avoid a run on cash. uncertainty about the cyprus situation set markets around the world and on wall street on edge. the dow jones industrial average gained more than three points to close above 14,455. the nasdaq fell eight points to close at 3229. seven u.s. marines were killed after a mortar unexpectedly exploded during a training exercise in western nevada. military officials said that prompted the pentagon to halt the use of the mortar worldwide until an investigation can be completed. the accident happened last night at the hawthorne army depot. the marines who were killed were based at camp lejeune in north carolina. seven other marines and sailors were injure

live in antioch support a tax to pay for more police. the city council is considering three different ways to boost the city's ability to police itself. one would be a sales tax although the exact amount of the tax is unclear so far. another would be a $240 a year business license tax. there's also a proposal for a tax on landlords. any tax measure would likely be on the november ballot. >>> it is 7:12. the number of cyber attacks is rising tickly. who is behind -- rising quickly. who is behind most of them and what the president is doing about this problem. >>> hailed as a hero. why a british man who battled a shark, you can see here, to save children has now been fired from his job. degrees ofh for goddess skin you can feel and feel. ♪ i'm your venus only from venus embrace. for goddess skin you can feel and feel. ♪ i'm your venus the rule is whenever i have to get rid of something. shop like a fashionista. today i got these amazing designer heels. save like a maxxinista. what to get rid of this time? designer brands at t.j. prices. t.j.maxx. >>> dense fog advisory posted across

. >>> 7:11. an informal survey shows people who live in antioch support a tax to pay for more police. the city council is considering three different ways to boost the city's ability to police itself. one would be a sales tax although the exact amount of the tax is unclear so far. another would be a $240 a year business license tax. there's also a proposal for a tax on landlords. any tax measure would likely be on the november ballot. >>> it is 7:12. the number of cyber attacks is rising tickly. who is behind -- rising quickly. who is behind most of them and what the president is doing about this problem. >>> hailed as a hero. why a british man who battled a shark, you can see here, to save children has now been fired from his job. degrees of smooth for goddess skin you can feel and feel. ♪ i'm your venus ♪ only from venus embrace. the rule is whenever i get something new, i have to get rid of something. shop like a fashionista. today i got these amazing designer heels. save like a maxxinista. what to get rid of this time? designer brands at t.j. pric

as two tax surcharges that would go funding the new stadium. while santa clara's mayer says the money will be made back from private donors and filing that as spilling hotels, some committee members said they're still not happy with the city's decision. >> santa clara is competing with miami for the 2006 superbowl. --2016 superbowl. miami however chose not to give in to these requests made by the nfl. santa clara mayor belize this move as a city in prime position to get the big game. the nfl is not suspected--x spec to make their decision on the location until late may. >> site mary's had advanced in the first round of the ncaa tournament. the gaels beat middle tennessee state 67-54. the m > welcome back. the time is 4:10. >> the man suspected of killing five people inside his san francisco appeared in court yesterday. bin thai luc and be a non native pleaded not guilty to five counts of murder plus

donnell, who is raising taxes to pay for a transportation plan in his state. all of which leaves conservatives facing a key question: how to unify behind a central message that moves the republican party forward? veteran republican pollster whit ayres says it will take more than tinkering. >> it is delusional to think that we had the right message and we just haven't communicated it effectively. you don't lose five of the last six presidential elections in the popular vote if you have got the right message. so we need new message, new messengers and a new tone. >> reporter: francesca chambers is editor of the conservative blog "red alert politics." she says the effort must involve more outreach to young people and minorities, but she acknowledges that will take time. >> that is not necessarily going to happen in three months time. i think that it's unfair to say, "oh, the election was in november and we don't see big changes, sweeping changes happening yet." i think that everyone needs some time to make these things happen and we have got four years to make that happen. >> reporter: in the mea

will be made whole. but again, these kind of projects, they tend to refinance every 15 years with housing tax credits or through other public loan programs. and in many cases we are repaid. in fact, we have another loan with the -- with [speaker not understood] at the end of the month we're hoping to be repaid about $3.6 million on an old loan from 1986. so, i don't believe that there is risk to the city and, in fact, the 55-year term loan will ensure that the long-term benefits to the city beyond the loan to value requirements. >> thank you so much. >> thank you. colleagues, any questions or comments? why don't we open it up for public comment. is there any member of the public who would like to comment on aye tell number 1? please step forward. public comment will be two minutes. ~ item >>> good evening, supervisors. my name is ace washington. and you know i'm just doing my regular routine to city hall today. i'm back and forth. having a look in here. and i'm supporting -- i go back 27 some years ago. i'm surprised they're still around. i support them wholeheartededly. i'm also here to show

to waive the hotel taxes that could mean millions of dollars. >> off what could help santa clara, san francisco is the fact that miami the other city competing for 2016 has told the nfl will not waive the hotel taxes. santa clara will decide if that will happen. >> we will look at that and perhaps at that time they will say the bay area is a much better deal and miami. >> will have to wait and see. do we have any idea when they make the decision. >> the owners have to get together and vote? >> may 22nd there will make the decision. they have to give the host city several years to prepare to get the infrastructure in place. they have to build facilities if necessary to host insuperable. >> if i just left norland it is huge. you need all kinds of buildings conference rooms and all these things to host the nfl media as well as the activity for the fans. >> we shall see will. thank you for the update. 7 07 we will be back with more in a couple of minutes. a live look outside as we wait for the weather is a change. if we're looking at storm had our way. will have more on the timing in a co

of the measure, hotel taxes and those with the nfl will be waived as well as to tax surcharges that would go to funding the new stadium. while santa clara's mayor said the money will been made back from the private donors and from filling the hotels, some community member say that they are still not happy with the city's decision. >> santa clara is a competing with miami for the 2016 super bowl. miami however, chose not to give in to these requests that were made by the nfl. santa clara's mayor believes that the move puts the city in a prime position to get the big game. the nfl is not expected to make their decision on a location until late may. >> we will be right back. [ teen ] times are good, aren't they, kids? it's nice having u-verse, isn't it? see back in my day, we didn't have these newfangled wireless receivers. fangled? no, we watched march madness in the living room... that's where the tv outlet was. what is he talking about? and if mom was hosting her book club that day, guess what...you missed it! we couldn't just move the tv all willy-nilly all over the house. ohh! ohh! k

street. fortune 500 ceo's embrace his tax hikes while small businesses shutter their windows. we're for millionaires and billionaires? come on. don't tell me democrats are the ones looking out for working families. the only thing this administration's economic policies have accomplished when it comes to class is to insure that the poor stay poor. [applause] s and that the middle class lose their ability to become rich. and that the richest among us are forever insulated, forever insulated by a government that protects them from failure. ladies and gentlemen, never before has there been so little risk that rich could become poor, or that poor could become rich. don't tell me democrats are the party of compassion. if you ask me, the liberal idea of helping the poor was to lot more like fly paper than a safety net. [applause] we're concentrated on enabling dreams. they're focusing on managing expectations. don't come to me with that and tell me republicans out of ideas when the entire democratic agenda was done in the truman administration. we're in the days of ipad and they haven't

of dollars in exchange for santa clara to host the super bowl. as a are the measure, hotel taxes to of those up with the nfl will be waived as well 2000 as to tax surcharges that would go in and funding to in new stadium. santa clara is competing with miami for the 2016 super bowl. miami however chose not to given to the request made by the nfl. santa clara's mayor believes as moves as the city and a prime position to get the big game. the nfl is not expected to make their decision on the location until late may. 7:36 a.m. and we will take a break. a live look at the james lick freeway, try the backing up a little bit on southbound 1 01. overall, not too bad. we will be right back. [ malema announcer ] whewn it comes to the finannacial obstacles milmitary families face, we understand. our oufinancnaial advice is ge gared specifically to cuo rrent enand former mily me mbers and their familie lifle brings obstacles. usaa bra ings retirement advi. that's my late night munchie meal. comes with one of four awesome new entrées. i got an exploding cheesy chicken sandwich! i got a stacked grilled c

the open space fund is separate from their operating fund, so the percentage of property tax, the 2.5% goes into the open space fund and that is in addition to anything that the recreation and park department receives in their fees and in general fund allocation for their operating costs. they do use -- >> the open space fund is used for operating as well. >> i was going to say, so the open space fund is used to operate only those facilities that were funded by the open space fund. so, if a park opens up with open space, then the maintenance of that park, the gardeners associated with that park can be funded through the open space fund. okay, and then there's some other services, staffing requirements, these are expenditure baselines, these are requirements that the city spent its money on providing certain types of services, the city services, auditor gets 2/10 of 1% of the city's budget, that amounts to 12 million, the human services agency has a homeless care fund of 13.7 million and that was based on a certain level of funding for homeless services at the time that this was approved. th

at a plant in illinois. why some believe it's just one way to tax energy producers, when i see you next. live in washington, kyla campbell, ktvu channel 2 news. >>> 7:15. president obama is coming back here to the bay area next month. the white house says the president will travel to northern california on april 3rd and 4th for fund-raisers for democratic congressional candidates. events are scheduled in san francisco and silicon valley. the president will campaign to try to get fellow democrats to gain control in the house in the 2014 mid-term election. >>> there's a new report that reveals that state furloughs designed to save california money won't save as much as we first thought. the furloughs were intended to save between $5 billion between 2009 and july of year. many state employees are taking less vacation days because of those mandated furloughs. budget advisoriers for the legislature calculate will still save more money in the long run. however, the state will pay $1 billion more than they originally planned to those workers retiring or quitting for vacation time that was never used

at a plant in illinois. why some believe it's just one way to tax energy producers, when i see you next. live in washington, kyla campbell, ktvu channel 2 news. >>> 7:15. president obama is coming back here to the bay area next month. the white house says the president will travel to northern california on april 3rd and 4th for fund-raisers for democratic congressional candidates. events are scheduled in san francisco and silicon valley. the president will campaign to try to get fellow democrats to gain control in the house in the 2014 mid-term election. >>> there's a new report that reveals that state furloughs designed to save california money won't save as much as we first thought. the furloughs were intended to save between $5 billion between 2009 and july of year. many state employees are taking less vacation days because of those mandated furloughs. budget advisoriers for the legislature calculate will still save more money in the long run. however, the state will pay $1 billion more than they originally planned to those workers retiring or qui

. >>> the budget war continues on capitol hill. democrats will release a competing plan which includes tax increases of nearly $1 trillion over the next decade. >> it is about two minutes till the top of the hour as we look at the good, the bad, and the ugly. up first, the good. a college student getting the chance of a lifetime when he is asked to perform with billy joel and the singer said yes. [singing] >> one of my favorites. this happened during a question and answer question at vanderbilt university. fresh man michael pollack said it was the greatest moment of his life. for the bad, a proposal ends in arrest in southern california. a man and three buddies face charges for blocking the busy highway to pull off the surprise. the bright side is his girlfriend said yes. >> in jail? >> finally the ugly. what you see is not always what you get. check it out. a teen getting in over his head accepting a bet from his friend to jump into what he thought was a simple puddle. the video has now gone viral. >> that's some ugly. "fox & friends" starts right now. >> goodbye. >> good morning. it is w

and arranging our tax system so that we have economic growth. >> the democrats budget plan would net $1 trillion from cutting tax loopholes. republicans propose overhauling medicare, rolling back healthcare reform and making other cuts. >>> the defense department released the names of five u.s. service members killed when their helicopter went down in afghanistan last monday during a rainstorm. the dead were identified as staff sergeant steven blast of iowa chief officer henderson and captain sarah nut son of maryland. all of them were 27. also killed were 31-year-old staff sergeant mark sealdo of map m the, florida and zackery shannon of florida. the military says there was no enemy activity in the area at the time of the crash. >>> the fear is different. >> ten years since the beginning of the war. how people in that country say life changed. >> and a spectacular sight overseas. the volume can in this case blast that sent lava flying nearly 10,000 feet. >>> and madonna once again making a statement, a comment she made in support of the gay and lesbian community. if yo, then you'r

to have a progrowth tax structure not one is designed to take from some and give to others. and last but not least we believe in solving our debt problem not out of ideological reasons but is hurting job creation. jobs are not being created in america. they are jobs that are not being created in this country because we have a 16.5 chilean dollar debt and its only scheduled to get bigger. that problem has to be solved and the only real approach to solving it is a combinaticombinati on of fiscal discipline and rapid economic growth. there is no tax increase in the world that will solve our long-term debt rovlin. [applause] the second thing our government can help us do is help ourselves by requiring the skills of a 20% and that is why i think every parent in america should have the opportunity to send their children to the school of their choice. [applause] by the way we should encourage career in education. not everyone has to go to a four-year liberal arts college. [applause] we still need carpenters. recently plumbers. why are we still graduating kid with not just a high school dipl

by $2 trillion through tax hikes and spending cuts. gop leaders say the plan will raise taxes without balancing the budget. >> we believe we owe the american people a balanced budget. >> reporter: republican paul ryan's budget released tuesday balances the budget in ten years. highlights include repeal of the health care law, an overhaul of ped care making it a private insurance plan funded by vouchers and unspecified reforms of the tax code with a goal of creating two brackets -- 10 and 25%. >> to inflate the claims of deficit reduction. >> reporter: hours after the president meets with house republicans he will speak at a dinner for organizing for action, the retooled version of his campaign in a move that's rankling some republicans saying it runs counter to his outreach. despite the rhetoric, lawmakers haven't ruled out the possibility of a grand bargain for deficit reduction. that seems like tough sled eing given how sharply divided both sides remain. matt? >> kristen welker at the white house. thank you very much. >>> we have an important health alert this morning tied to the co

nd straight trading day. worries about a controversial bailout -- and a bank tax in cyprus kept investors on edge. here are today's closing numbers. the dow fell 62 points. the nasdaq dropped 11 points. and the s-and-p fell eight points. the vatican has released details of the pope's installation mass tomorrow.. it will be a simpler version of the 2005 ceremony for pope benedict. more than 132 government delegations will attend. including representatives of christian, jewish, muslim and other faiths. the mass will be at saint peter's square. and is expected to last about two hours. before the ceremony, pope francis will receive the fisherman's ring. made of silver and gold with the image of saint peter. we'll carry the pope's installation mass live -- at one-30 a-m on our 24- seven bay area news channel, comcast 193. or you can watch it streaming online at kron4.com. first soda -- now cigarettes. new york city mayor michael bloomberg is targeting tobacco sales. he wants to require stores to keep tobacco products out of sight unless an adult is buying something.or employees are r

a bailout and a bank tax in cyprus kept investors on edge. here's a look closing numbers. the dow fell 62. . >> the nasdaq dropped 11. . >> of the s&p fell eight. . >> city group has agreed to pay seven of the $30 million to settle a class-action su$730 million to settle a class-action lawsuit that claimed investors were misled by the banks' disclosures when they purchased its debt and preferred stock. the investors purchases were made from may 11, 2006 through november 2008. to group inc. denied the allegations but agreed to the settlements or to get rid of future expenses and uncertainties that came along with the drawn out litigation. >> coca-cola is taking of water and doing what coke is famous for giving it some bubbles and flavor. the company confirmed monday that it would introduce a lot of fruit flavored seltzer water is called for water started a first. for water comes at a time when americans are drinking less soda, after per capita sales hit a high in the late 1990's. the decline has been attributed to growing concerns about obesity, as well as the proliferation of options in t

responsible is of course, you had the bush tax cuts. then right after, you had the attacks on september 11th and you had the war on afghanistan, which i supported and almost all of the members of congress did, because those were the people that attacked us. but then, you had the war in iraq and both afghanistan and iraq were fought as quote emergencies, which means they weren't included in the annual deficits. so, now, when they're talking about a budget that cuts student loan programs for gi members, people coming back from iraq and afghanistan now they're not getting their student loans. because this was all fought off budget. i think that's political malpractice on the part of the republican party. they should have budgeted for this. >> well, from a congressional physician of the soul like diana degette, thank you so much. now to dr. james peterson, msnbc analyst and director of africana st studies. professor, millions oppose the war, but as you know, and i'm sure you remember, their voices were significantly marginalized. give us a sense of how that happened. >> there's a lot of context

this a poll tax, the historic method of blocking african-americans from voting. he said this this mr. barber down there in north carolina, he stayed in part, "they designed a maze of frustrating visits to the government agencies with costly administrative fees that citizens who have no car and no driver's license must navigate and pay to exercise their constitution a right to vote." what would be your reaction to that? >> well, we disagree with reverend barber. i believe, first off you we have a very extensive absentee balloting vote by mail system, those who have difficulty getting to a location that may be able to provide a valid i.d. may want to use that choice where an i.d. would not be an issue to begin w reverend barber and those who are opposed to this bill are doing it i think largely on ideological bounds or grounds because the data in other state, if you take a look at the state of georgia, where they said hundreds of thousands of i.d.s would have to be issued, there have been 27,000, a state roughly the same size as north carolina. >> all right. thom tillis you speaker of the hous

headway he will be able to make. most republicans are balking at any additional tax hikes to cut the deficit. many democrats are opposed to substantial cuts in entitlement spending. the democratic led senate judiciary committee approved a new ban on assault-style weapons today. the bill would outlaw the sale of 157 kinds of semi-automatic weapons and limit ammunition clip sizes to 10 bullets. it passed on a party-line vote of ten to eight, with all republicans opposed. but it faces long odds in the full senate. the head of the transportation security administration is defending a proposal to allow small knives on passenger planes. the idea has provoked a backlash by pilots, flight attendants and others. but john pistole told a house hearing today that the concerns are misplaced. he said an attacker could use any number of things already on planes. >> a metal knife or fork, whether it's a wine glass or wine bottle that they break and use, there's any number of things that could be used as a deadly instrument. it really gets again to what is the intent of the person on board as opp

a controversial bailout -- and a bank tax in cyprus kept investors on edge. today's closing numbers. the dow fell 62 points. the nasdaq dropped 11 points. and the s-and-p fell eight points. 14,452.06 -62.05 nasdaq 3,237.59 -11.48 s&p -8.60 >> this is a bit of a bottleneck. people are shopping which is great with expectations for the future but we just need standards to become more lose some people can buy. i call this a loser but it is probably a winner. >> restrictions are still heavy. these hurdles are still pretty high? the other loser you have is carnival cruise. it is not difficult to imagine why. >> yes. that i am still having this recurring nightmare that i have a nightmare with carnival cruise lines let us talk about the college basketball team illegal cardinals they are making money! this is getting really difficult reviews but itng revenues. if yu look at disney everything that they touch you want to invest in animation. they have star wars. and avengers and tyey -- they announced several animation projects. >> thank you, rob go to our new channel. comcast 193 for the latest news, as we

/2 points. >>> worries of cyprus continue to weigh on the markets. rejected a bro posed tax on bank deposits casting doubt on a bailout. >>> in the u.s. housing starts jumped .8% in february meeting expectations. meanwhile, building permits a gauge of future construction rose to the highest level since 2008. that's it from cnbc, first in business worldwide. now back to "hardball." >>> there's no one reason we lost. our message was weak. our ground game was insufficient. we weren't inclusive. we were behind in both data and digital. and our primary and debate process needed improvement. >> there's the lift of a driving dream. welcome back to "hardball." rnc chair rience priebus reporting on the state of the republican party and brought relief to establishment types but also angered conservativeses who say priebus, that man there, was exactly wrong, that the party can't win if it moderates its right wing positions. here was rush limbaugh reacting to priebus. >> they think they have to re-brand. reach out to minorities. got to moderate their tone here and moderate their tone there. that's not a

years and do it without tax increases. the president addressed that budget plan when he sat down for an exclusive interview with abc's george stephanopoulos. >> my goal is not to chase a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work and if we do that we are going to be bringing in more revenue. if we have controlled spending and we have a smart entitlement package potentially what you have is balance, but it is not balance on the backs of, you know, the poor, the elderly, students who need student loans, families who have disabled kids. that's not the right way to balance our budget. >> the white house says the math in the gop budget plan simply doesn't add up and it would hurt the middle-class. you can see the full exclusive interview a little later today coming up on "good morning america." >>> a new piece of gun control legislation faces an uphill fight in congress despite taking the first step. a senate committee yesterday approved a bill requiring nearly universal federal background checks for gun buyers includin

own. as house budge chairman, he proposed a budget for fiscal year 2014. in theory, lowering taxes and repealing the affordable health care act. it's the same paul ryan budget that paul ryan has been promoting for years. that frustration may have led him to dismiss patty murray's counter. he said if you read the senate bill you will find that the vatican is not the only place blowing smoke this week. >>> also making headlines with a more cordial attitude, president obama continued his charm offensive in hopes of reaching a deal and ending the sequester that is now in the sec week. we'll have to wait and see if the efforts reveal any sults. it's understandable if you missed this news item. on monday in chicago, as a young father changed the diaper of his 6-month-old baby girl on the seat of a mini van, a gunman opened fire. the young father, jonathan watkins was hit three times as he witnessed a bullet tear through the body of his daughter who later died. watkins was released from the hospital on thursday night, able to go home after being treated for multiple gunshot wounds. able t

union bailout plan included a tax on citizens bank savings and parly minute rejected that idea. banks in cypress remain close,ed a least through tomorrow. >>> investors are waiting to hear what ben bernanke says at 11:00 this morning. that's when he will announce what was decided at the policy meeting. most think he will not have any changes to talk about. he thinks the bond-buying stimulus continues to help the u.s. economy. analysts also think he could point out that the bailout situation in cypress shows the ongoing risk of the global economic situation. >>> 7:45. a teenager in petaluma, burned last night in a fire that allegedly started while he was making drugs. police say it happened on east washington street. a 15-year-old boy is accused of starting a small fire while he was making hash oil out of marijuana. he was rushed to the hospital for treatment on burns on his face and hands. he was also given a citation to appear in juvenile court. this comes a month after fema issued an alert on hash oil explosions. the government agency says explosions at homes and hotels around the c

and european union bailout plan included a tax on citizens bank savings and parly minute rejected that idea. banks in cypress remain close,ed a least through tomorrow. >>> investors are waiting to hear what ben bernanke says at 11:00 this morning. that's when he will announce what was decided at the policy meeting. most think he will not have any changes to talk about. he thinks the bond-buying stimulus continues to help the u.s. economy. analysts also think he could point out that the bailout situation in cypress shows the ongoing risk of the global economic situation. >>> 7:45. a teenager in petaluma, burned last night in a fire that allegedly started while he was making drugs. police say it happened on east washington street. a 15-year-old boy is accused of starting a small fire while he was making hash oil out of marijuana. he was rushed to the hospital for treatment on burns on his face and hands. he was also given a citation to appear in juvenile court. this comes a month after fema issued an alert on hash oil explosions. the government agency sa

with some $1 trillion in new tax revenues over the coming decade. >>> now for a check of the market, mary thompson has the latest from cnbc world headquarters. good morning. >> good morning. stocks are higher this morning following the seventh straight record close, coming after mixed economic news. first time unemployment claims unexpectedly dropping last week, but producer prices rose last month mostly because of the higher gasoline prices which right now are turning lower. >>> samsung announcing its galaxy smartphone today. >>> the first lady is next month's cover woman for "vogue." in an interview she fires back at critics who say she and the president don't socialize enough in washington. instead, she said, quote, our number one priority is making sure our family is whole, and she said she and her husband relieve the pressures of their job by spending time with daughters sasha and malia. it's now 7:17 on the west coast. what i like about this, she picked out her own clothes. usually they give you a stylist. and she's wearing, and forgive me, because i'm a hill billiy texas, reed krak

is expected to vote on a popular new bailout deal today. the deal includes a one-time tax on bank deposits, and it's sparked concerns about the security of savings accounts across europe. natalie, back to you. >> all right, jackie deangelis, thanks. >>> a new battle for new york city mayor michael bloomberg. the health crusader has set his sights on smokers, calling for shops to keep tobacco products out of sights for customers, putting them in drawers and cabinets instead. >>> hillary clinton's newly announced position on gay marriage is fueling speculation she'll run for president in 2016. clinton said monday she supports same-sex marriage because, quote, gay rights are human rights. during the 2008 campaign, she maintained that she supported civil unions but not gay marriage. >>> with a potential government shutdown looming later this month, the white house may have to cancel its annual easter egg roll. kristen welker has more. good morning. >> reporter: natalie, good morning to you. the 135th annual easter egg roll is scheduled for april 1st. on friday, the white house sent out a memo

? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. it's not what you think. it's a phoenix with 4 wheels. it's a hawk with night vision goggles. it's marching to the beat of a different drum. and where beauty meets brains. it's big ideas with smaller footprints. and knowing there's always more in the world to see. it's the all-new lincoln mkz. >>> time now to talk back. the question this morning, what did we learn from the iraq war? ten years ago tonight, president bush made this announcement to the nation. >> my fellow citizens, at this hour, american and coalition forces are in the early stages of military operations to disarm iraq, to free its people, and to defend the world from grave danger. >> saddam hussein's statue fell less than a month after the first tomahawk missiles were fired. in may o

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